FRASERBURGH ENGINEERING CO. LTD.

🌳Matureactive

SC208965 · ltd · incorporated 2000-07-11

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 25.8y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2025

Net worth

£1.02M

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 83/100 (exceptional), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 25.8y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 25.8 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

13 officers (8 active, 13 linked, 9 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

1 connected companies via shared directors

Filing history

97 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,019,744

Cash YoY

+30%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£388k

↑ 30% YoY

Net Worth

£1.0m

↑ 23% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-09-30	2024-09-30
Cash	£388.2k	£297.6k
Net assets	£1.02M	£832.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (40 events)Click to expand

2026-01-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-03
📍
move-registers-to-registered-office-company-with-new-address
address · AD04
2024-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-08-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-07-17
➕
THOMSON, Fiona appointed
director
2024-07-17
➕
THOMSON, Kelly Marie appointed
director
2023-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-14
📄
change-person-director-company-with-change-date
officers · CH01
2021-07-14
📄
change-person-director-company-with-change-date
officers · CH01
2021-06-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-11
📄
change-person-director-company-with-change-date
officers · CH01
2020-06-11
📄
change-person-director-company-with-change-date
officers · CH01
2020-06-11
📄
change-person-director-company-with-change-date
officers · CH01
2020-01-14
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-01-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2015-08-12
➕
MCKENZIE, Audrey appointed
director
2015-08-12
➕
MCKENZIE, John Alexander Sim appointed
director
2010-08-04
➕
THOMSON, Gavin appointed
secretary
2010-08-04
➖
THOMSON, Christian resigned
secretary
2010-03-25
🔒
Charge registered #4
Lender: Lloyds Tsb Commercial Finance Limited
2010-02-08
➖
THOMSON, George Creig resigned
director
2008-03-01
➕
THOMSON, Gavin appointed
director
2006-09-04
🔒
Charge registered #3
Lender: The Governor and Company of the Bank of Scotland
2003-10-15
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
2003-05-25
➖
SHEARING, Robert Stanley resigned
director
2000-09-08
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2000-07-11
🏢
Company incorporated
As FRASERBURGH ENGINEERING CO. LTD.
2000-07-11
➕
STEPHEN, David appointed
director
2000-07-11
➕
THOMSON, George Mitchell appointed
director
2000-07-11
➕
THOMSON, Christian appointed
secretary
2000-07-11
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2000-07-11
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2000-07-11
➕
SHEARING, Robert Stanley appointed
director
2000-07-11
➕
THOMSON, George Creig appointed
director
2000-07-11
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2000-07-11
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

66/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

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ASHLEY PROPERTIES ABERDEEN LIMITED→ SC315836 · est 2007 · no financials extracted	—	—	—	—	19y	83	78y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2000-07-11

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

19 Reclaimed Ground

Fraserburgh

Aberdeenshire

AB43 9TD

Scotland

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2026-06-19

Last: 2025-06-05